JSM advised Jumeirah on a management agreement with GT Land Holdings Limited for a five-star 250-room luxury city hotel in the Yangtze River Delta tourism hub of Hangzhou, due to open in late 2013.
The Jumeirah Hangzhou will have a prime location in the Central Business District of Qianjiang River New Town. The new business district will be centrally located with easy access to the picturesque West Lake area, renowned for its natural beauty and its rich cultural heritage. Hangzhou is one hour train journey from Shanghai and is served by Xiaoshan International Airport.
This is the second management agreement Jumeirah has signed with GT Land Holdings, following the Jumeirah Guangzhou project agreed in 2008. This brings Jumeirah’s total number of management agreements for projects in China to five: in Shanghai, Guangzhou, Macau, Sanya and now Hangzhou, and the total number of management agreements signed by Jumeirah globally to 35.
This is the fourth opening in which we have been involved. The JSM team comprises David Mallinson, Ellen Zhang, Pheona Chow and Cherie Leung.